Invesco Aerospace & Defense ETF (NYSEARCA:PPA) Stock Position Lifted by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lifted its stake in shares of Invesco Aerospace & Defense ETF (NYSEARCA:PPA) by 1.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 25,882 shares of the company’s stock after purchasing an additional 420 shares during the quarter. J.W. Cole Advisors Inc. owned about 0.08% of Invesco Aerospace & Defense ETF worth $2,659,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Beacon Capital Management LLC lifted its position in Invesco Aerospace & Defense ETF by 31.6% in the first quarter. Beacon Capital Management LLC now owns 416 shares of the company’s stock worth $42,000 after purchasing an additional 100 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Invesco Aerospace & Defense ETF in the second quarter valued at $42,000. Creekmur Asset Management LLC bought a new position in Invesco Aerospace & Defense ETF during the fourth quarter valued at about $44,000. EverSource Wealth Advisors LLC acquired a new position in Invesco Aerospace & Defense ETF during the first quarter worth about $54,000. Finally, Atlantic Edge Private Wealth Management LLC bought a new stake in Invesco Aerospace & Defense ETF in the fourth quarter worth about $55,000.

Invesco Aerospace & Defense ETF Trading Up 0.6 %

Shares of NYSEARCA PPA opened at $111.74 on Friday. Invesco Aerospace & Defense ETF has a twelve month low of $77.50 and a twelve month high of $113.60. The firm has a 50-day moving average of $108.18 and a two-hundred day moving average of $104.05. The company has a market capitalization of $3.48 billion, a price-to-earnings ratio of 33.87 and a beta of 0.73.

Invesco Aerospace & Defense ETF Company Profile

PowerShares Aerospace & Defense Portfolio (Fund) seeks investment results that correspond generally to the price and yield of the SPADE Defense Index (the Index). The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of the United States defense, homeland security and aerospace operations.